Craig

Pretty tragic sort of a story there.

The mum of seven living in tents and can't get social housing.

Yeah, not good.

And I'll tell you a place that we do highlight from time to time, and that is Dubai.

The UAE, they do not have any homeless people.

In fact, what they do for the local, the local Emiratis, is the government gets them into housing.

So not a single person is out on the street.

Talking of streets, Melbourne families are waiting patiently for the next pandemic.

potential rate decision and the prospect of repayments rising to about $104 a month on a $650,000 loan.

Auction volumes are building with around 1,200 homes scheduled this weekend and more expected next week.

Most buyers heading to auctions already hold pre-approval and understand their limits, suggesting more of a measured confidence rather than panic.

Yes.

So if we circle back to that, a quarter of a percentage point rise would add roughly 24 bucks a week to repayments on the average loan.

How are you finding it in terms of your clients wanting to buy property?

They're cautiously being probably more prudent, are they?

And is that because the 5% threshold that is kicked in, they've obviously got more room to manoeuvre, but of course at the other end there is a much more higher mortgage ceiling that they're having to service?

It's always a busy place Melbourne when it comes to mortgages.

You've been working for yourself there now for seven years in the mortgage space.

It's been very very chaotic hasn't it over the last seven years.

What are some of the things that you have noticed in that time?